New Sources Earnings Per Share vs. Shares Outstanding
| NSE Stock | EUR 0.02 0.0005 2.86% |
For New Sources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of New Sources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well New Sources Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between New Sources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of New Sources Energy over time as well as its relative position and ranking within its peers.
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New Sources Energy Shares Outstanding vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining New Sources's current stock value. Our valuation model uses many indicators to compare New Sources value to that of its competitors to determine the firm's financial worth. New Sources Energy is considered to be number one stock in earnings per share category among its peers. It also is considered to be number one stock in shares outstanding category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the New Sources' earnings, one of the primary drivers of an investment's value.New Shares Outstanding vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
New Sources |
| = | (0) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
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| = | 59.75 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
New Shares Outstanding Comparison
New Sources is currently under evaluation in shares outstanding category among its peers.
New Sources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in New Sources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, New Sources will eventually generate negative long term returns. The profitability progress is the general direction of New Sources' change in net profit over the period of time. It can combine multiple indicators of New Sources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
New Sources Energy NV develops, exploits, and invests in projects that generate electricity using renewable energy sources. New Sources Energy NV is based in Amersfoort, the Netherlands. NEW SOURCES is traded on Amsterdam Stock Exchange in Netherlands.
New Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on New Sources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of New Sources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the New Sources' important profitability drivers and their relationship over time.
Use New Sources in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Sources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Sources will appreciate offsetting losses from the drop in the long position's value.New Sources Pair Trading
New Sources Energy Pair Trading Analysis
The ability to find closely correlated positions to New Sources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Sources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Sources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Sources Energy to buy it.
The correlation of New Sources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Sources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Sources Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Sources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your New Sources position
In addition to having New Sources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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Additional Tools for New Stock Analysis
When running New Sources' price analysis, check to measure New Sources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Sources is operating at the current time. Most of New Sources' value examination focuses on studying past and present price action to predict the probability of New Sources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Sources' price. Additionally, you may evaluate how the addition of New Sources to your portfolios can decrease your overall portfolio volatility.